Advantage Of Being In Debt.

Readers will remember my posts about my friend’s problems with his credit card. A reader impressed by the posts, sent me the following story by email.

Ramesh and Sumathi were on a cruise holliday to celebrate their ten years of wedded bliss.

In a sudden storm, their liner ran aground in the night and in the morning the Captain advised the passengers that, he was sorry to report that, although the ship had run aground on an island, the island was itself not on any map and it was unlikely that they will be found by anyone. He was unable to send any messages as the electrical and radio equipments were all damaged beyond repair in the wreck.

Ramesh turned to Sumathi and asked her “Did you send the check to XYZ Bank for the monthly credit card payments?” Sumathi – “Sorry, I forgot.” Ramesh, “And the check for the house loan monthly payment?” Sumathi, sorry, in the hurry to pack and leave, I forgot that too”. How about the car loan, he asked and got the same reply.

Ramesh heaved a sigh of relief and said, “Not to worry. They will find us.”